Here are the 10-Q quarterly reports from Wabash National Corp. (WNC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WNC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WNC filings page.
Wabash National Corporation (WNC) reported third-quarter 2026 net sales of $476.408 million, compared with $381.595 million a year earlier. Net loss attributable to common stockholders was $20.748 million, versus net income of $39.977 million. Gross profit was $14.875 million, compared with $15.708 million, and diluted loss per share was $0.51 versus earnings of $0.97.
For the nine months ended September 30, 2026, net sales were $1,196.878 million and net loss attributable to common stockholders was $88.810 million, compared with sales of $1,221.301 million and income of $261.329 million in 2025. Operating activities used $65.820 million in cash, versus providing $69.100 million in 2025. Long-term debt carrying amount was $540.257 million as of September 30, 2026. WNC completed a $150.0 million issuance of 4.00% Convertible Notes due August 1, 2032, with net proceeds used primarily to repay Revolving Credit Agreement borrowings; no revolving borrowings were outstanding as of September 30, 2026. On January 1, 2026, WNC acquired the remaining 51% of Linq for $6.4 million cash and forgiveness of an $18.6 million note receivable, making Linq wholly owned.
Wabash National Corporation reported weaker results for the quarter and six months ended June 30, 2026. Net sales were $417.2 million for the quarter and $720.5 million year‑to‑date, down from $458.8 million and $839.7 million a year earlier.
The company posted a quarterly net loss attributable to common stockholders of $22.9 million, or $0.56 per share, and a six‑month net loss of $68.1 million, or $1.67 per share, compared with net income of $221.4 million, or $5.24 per share, in the prior‑year six‑month period. Gross profit for the first half fell to $4.8 million from $60.4 million, and the Transportation Solutions segment moved to an operating loss while Parts & Services remained profitable.
Operating cash flow for the first half was an outflow of $28.5 million. Cash and cash equivalents increased to $71.5 million, but total debt rose to $513.2 million, reducing stockholders’ equity to $292.5 million. After quarter‑end, Wabash issued $150.0 million of 4.00% Convertible Senior Notes due 2032.
Wabash National Corporation reported a weak first quarter of 2026, swinging to a loss as demand softened in its core trailer business. Net sales fell 20.4% to $303.2 million, driven mainly by lower dry van and truck body shipments in the Transportation Solutions segment.
The company posted a net loss attributable to common stockholders of $45.2 million, or $1.11 per diluted share, compared with net income of $230.9 million a year earlier. Gross margin turned negative at (3.5)%, reflecting lower volumes and higher overhead, particularly in new facilities and the Components business.
Operating cash flow was a use of $33.7 million, while Wabash increased borrowings under its revolving credit facility to $100.0 million, bringing total long-term debt to $498.0 million and reducing liquidity to $165.1 million. The company also completed the purchase of the remaining 51% of Linq Venture Holdings LLC, adding $22.1 million of goodwill to its Parts & Services segment.
Wabash National Corporation reported Q3 2025 results showing lower sales but positive earnings. Net sales were $381.6 million versus $464.0 million a year ago. Net income was $40.0 million (diluted EPS $0.97), compared with a net loss of $330.2 million last year, when results were affected by large charges. Gross profit was $15.7 million. For the first nine months, net sales were $1.221 billion and net income was $261.6 million.
Operating cash flow for the nine months was $69.1 million. Cash stood at $91.7 million with long‑term debt of $422.7 million, including $400 million Senior Notes due 2028 and $25.0 million outstanding on the revolver. The company completed the acquisition of Trailerhawk.ai on February 3, 2025, recognizing $8.2 million of goodwill and provisionally valuing identifiable intangibles at $9.1 million, with potential earnouts of up to $15.0 million over seven years. On October 1, 2025, Wabash exercised a call right to acquire its partner’s interest in Linq Venture Holdings LLC for $6.4 million plus forgiveness of the related loan receivable, with an anticipated closing of January 1, 2026. Shares outstanding were 40,516,637 as of October 23, 2025.